Questions

Q:

Depreciation is loss in value of ________

A) Final goods B) Machinery
C) Capital stock D) Stock of inventory
 
Answer & Explanation Answer: B) Machinery

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Q:

Which of the following tax systems will help to reduce economic inequalities in India?

A) Regressive Tax B) Progressive Tax
C) Flat rate tax D) None of these
 
Answer & Explanation Answer: B) Progressive Tax

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Q:

The best solution for overcoming the evil effects of small and uneconomic holdings is: ___________.

A) urbanization of rural population B) using capital intensive technology
C) co-operative farming D) rapid industrialization
 
Answer & Explanation Answer: C) co-operative farming

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Q:

Find arc elasticity of demand, if quantity demanded falls from 4600 to 4200 when price of the item is increased from Rs 960 to Rs 1000?

A) -2.23 B) -­2.09
C) 2.23 D) 2.09
 
Answer & Explanation Answer: A) -2.23

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Q:

The economic way of thinking stresses that

A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits. B) changes in personal costs and benefits generally fail to exert much impact on behavior.
C) if a good is provided by the government, its production will not consume valuable scarce resources. D) if one individual gains from an economic activity, then someone else must lose and in the same proportion.
 
Answer & Explanation Answer: A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits.

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Q:

In _____________ motion of a body its velocity varies with time.

A) uniform B) linear
C) equilibrium D) non-uniform
 
Answer & Explanation Answer: D) non-uniform

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Filed Under: Physics
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Q:

India has signed the USD 200 million loan agreement with which bank for Assam Agribusiness and Rural Transformation project?

A) World Bank B) State Bank of India
C) New Development Bank D) Asian Development Bank
 
Answer & Explanation Answer: A) World Bank

Explanation:

India has signed the USD 200 million loan agreement with World Bank for Assam Agribusiness and Rural Transformation project. The project will help the Assam government to facilitate agribusiness investments, increase agriculture productivity and market access, and enable small farm holders produce crops that are resilient to recurrent floods or droughts in the state.

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Q:

To make child labour free society, PENCIL portal was launched in September 2017 in India. What does ‘P’ stand for in ‘PENCIL’?

A) Partnership B) Platform
C) Podium D) People
 
Answer & Explanation Answer: B) Platform

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